4 papers
Identification and Estimation of Seller Risk Aversion in Ascending Auctions
Nathalie Gimenes, Tonghui Qi, Sorawoot Srisuma
This paper shows how to identify and estimate the seller's risk parameter in an ascending auction. We consider a semiparametric model where the seller has a parametric utility func…
Semiparametric Quantile Models for Ascending Auctions with Asymmetric Bidders
Jayeeta Bhattacharya, Nathalie Gimenes, Emmanuel Guerre
The paper proposes a parsimonious and flexible semiparametric quantile regression specification for asymmetric bidders within the independent private value framework. Asymmetry is…
Nonparametric identification of an interdependent value model with buyer covariates from first-price auction bids
Nathalie Gimenes, Emmanuel Guerre
This paper introduces a version of the interdependent value model of Milgrom and Weber (1982), where the signals are given by an index gathering signal shifters observed by the eco…
Quantile regression methods for first-price auctions
Nathalie Gimenes, Emmanuel Guerre
The paper proposes a quantile-regression inference framework for first-price auctions with symmetric risk-neutral bidders under the independent private-value paradigm. It is first…